This Father's Day, organise your dad's finances: All you need to know

Give priority to retirement savings over children's education or marriage

This Father’s Day, keep the expensive gifting ideas aside. Instead, spend time with your dad talking about money, and help him get his finances in order. The first step is to have an open and honest conversation about money. Start by talking about your finances. Tell him what you are up to, your goals, and how you are working towards them. Then, ask him about his.

To help your father with his finances, you need to understand his current investments, expenses and debts. Calculate his monthly expenses, health care spending, how much funds will he need once he retires, and whether